Dhaka, April 14 -- There is less possibility of reducing individual and corporate tax rates in the upcoming budget for the fiscal 2025-26 said Md. Abdur Rahman Khan, Chairman of the National Board of Revenue (NBR).

"The existing tax, VAT and customs rates will be rationalised along with the automation of the entire revenue management system".

The NBR chief said this while speaking at a live discussion session titled "Pre-Budget Discussion 2025-26: Private Sector Perspective" organised by DCCI in cooperation with Samakal and Channel 24 at a city hotel on Sunday.

However, he hoped that the existing disparity in the tax rates at different levels would be resolved in the next budget.

In order to continue the economic growth momentum, it i...